Banking functions involving risk analytics and cash flow forecasting will need to change to accommodate risk-free rates, says Karen Moss at Moody’s Analytics.
March 19, 2021The HKMA's Edmond Lau highlighted three essential elements for LIBOR transition: operational and system capabilities, effective coordination; commitment from top management.
March 18, 2021Guidance for examiners suggests supervisory actions for firms that are not ready to stop issuing LIBOR-based contracts by end-December.
March 12, 2021The FCA’s recent announcement has provided clarity on the future of all LIBOR settings. But, derivatives market participants still have work to do.
March 11, 2021The regulators say the transition must continue without reliance on a potential synthetic JPY LIBOR, which would be restricted to tough legacy contracts even if published.
March 10, 2021Japan’s decision to keep TIBOR may slow the adoption of TONA, lengthening the time needed to generate liquidity in TONA derivatives and establish forward-looking TONA rates.
January 26, 2021From end-March 2021, GBP LIBOR should no longer be used in any new loans, bonds, securitisations and linear derivatives that mature after end-2021.
January 14, 2021PwC has been supporting banks across ASEAN with BCBS 239 compliance, LIBOR transition, data governance and IFRS 9 model development and validation.
December 16, 2020IHS Markit helps firms meet global trade reporting requirements, while also supporting LIBOR transition and providing access to accurate and timely corporate actions data.
December 16, 2020Bloomberg delivers a comprehensive suite of solutions to support IBOR transition, including scenario analysis to determine the impact of the transition on portfolios.
December 16, 2020